No difference between TVs or cars.Dealers have to pay for the cheap finance deals.
Marac only supports good dealers.Have a successful record on car lending.Both new and used.Your Toyota will still be a good car in 15 years time.
From reading the annual report and presentations you will understand HNZ do have the expertise,to undertake what they are doing.It is not rocket science.Rural lending officers are all PGW based.Marac has car,and machinery expertise,CBS have home loans expertise.Only new areas they are moving into are health and education.The health area I take they will fund expensive operations to asset rich cash poor clients.
For those who have their HNZ shares from PGC distribution,they can look to the future with confidence,owning shares in NZ's only listed bank.We can not change history,only learn from it.Property developement ruined PGC.From the ashes we have HNZ,who do what they say they will do.
You were very astute to buy another 15,000 HNZ at 50cents.Must have seemed like madness at the time.Now enjoy the divies,and whatch your shares go from strength to strength.Those selling have access to the same information as you,but lack your foresight.
At 12.35 pm on 12th December 2014 the share price will be $1.57,however 2015 will see the share price at $2.38 and it will be over $3.00 by December 2016..Will need a new crystal ball to see beyond 2016.[should prices be different from mine,you will know 'the market'got it wrong.]